Losses due to crypto hacks fall 67%, Bitcoin DeFi interest rises: Finance Redefined
The amount stolen through crypto hacks and the number of successful attacks sharply declined in April.
Related Posts
Billionaire Bill Miller advocates for Bitcoin, but doubtful on altcoins
The billionaire investor conveyed his predominantly bullish opinions on the crypto ecosystem during a recent online interview Bill Miller, a seasoned Wall Street investor and founder of Miller Value Partners, advocated for the rise of Bitcoin (BTC) during a recent conversation with author William Green, but voiced skepticism around many of the altcoins birthed during…
As labor struggle takes center stage, can DAOs democratize work?
Web3 has given rise to a number of innovative business models. In particular, decentralized autonomous organizations (DAOs) have started gaining traction as Web3 as the creator economy comes to fruition. Natalie Salemink, CEO and founder of Prismatic — a tooling and treasury management platform for DAOs — told Cointelegraph that DAOs are internet-native organizations that utilize…
‘Get comfortable with discomfort’ for Web3 success: PBW 2023
A group of professionals in Web3 took the Venus de Milo stage at Paris Blockchain Week 2023 to discuss the dos and don’ts of metaverse regulation. 151 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe metaverse continues to be a hot topic in the Web3 space, as…
Coinbase will drop law firms who hire anti-crypto former SEC staff — CEO
Coinbase CEO Brian Armstrong said the exchange stopped working with law firm Milbank after it hired former SEC official Gurbir Grewal.
Cosmos Interchain Foundation budgets $26M for ecosystem development in 2024
The amount allocated is down from a budget of $40 million in 2023. Swiss-based Interchain Foundation (ICF), the core developer behind cross-chain communications protocol Cosmos, will allocate $26.4 million for maintaining the said ecosystem next year.According to a December 13 announcement seen by Cointelegraph, the ICF 2024 roadmap "prioritizes funding for the Interchain Stack's optimal
Crypto.com becomes official sponsor of 2022 FIFA World Cup in Qatar
Though trading cryptocurrencies has been largely illegal in Qatar since 2018 , Crypto.com is likely to reach a more international crowd given the popularity of soccer on the world stage. 337 Total views 19 Total shares FIFA, an international governing body for many major soccer tournaments, has announced that cryptocurrency exchange Crypto.com will be an…
Digital Currency Group sells $700M of shares for investors to take profits
Digital Currency Group CEO and founder Barry Silbert didn’t sell any stock in the latest round. 657 Total views 4 Total shares Digital Currency Group (DCG), one of the largest companies in the cryptocurrency industry, has completed a major secondary investment round led by Japanese financial giant SoftBank.DCG has sold $700 million worth of shares…
Bitcoin price more correlated to FTX developments than macro events: Research
While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors. 1372 Total views 26 Total shares Own this piece of history Collect this article as an NFTThe collapse of FTX and related developments did more to pull up or push down the price of Bitcoin…